Quote from: Frozenlock on December 11, 2013, 12:09:26 AM

http://www.solerinvestments.com/Online-Trading/Stock-Market-Crash.htm

Quote

How Bubbles Grow: 12 Easy Steps

1. A believable concept offers a revolutionary and unlimited path to growth.
2. Surplus of funds and lack of opportunities lead to buying or investing in anything available.
3. An idea is complex and cannot be totally explained or related to an investor.
4. The crowd imitates the leader. All Aboard! Even the gardener has a tip!?
5. Prices fluctuate from traditional level to overvalued level, THEN to all new ground and all time highs.
6. New levels are sanctioned by experts. "We are in a new Paradigm!"
7. Fear of missing the boat takes over. Cloning of the idea occurs as many new overvalued competitors enter the market.
8. Lending practices are eased. Money flows like water to anything or anyone with a new idea.
9. Cult figures emerge for the new paradigm. The media promotes lifestyles, not substance.
10. The Bubble lasts longer than expected. Critics are dismissed. The last suckers are sucked in.
11. Fraud emerges as partly responsible for the bubble as the first cracks show in the bubble.
12. Finally, everyone has a reason why it cannot continue. But nobody dumps, and all hold onto their profits. No new buyers. Market stalls.

I found that very interesting.

Some of you might too.

Hi Frozenlock

So ardana is retired now?

Worst

Edit: this guy is a top fud spreader who staunchly said that btc wouldn't see 100$ again this summer. Be careful listening to him.